I Squared Capital Acquires Majority Interest in Whistler Pipeline

I Squared Capital Acquires Priority Power from Ara Partners and Oaktree

July 30, 2024

Energy

Funds advised by I Squared Capital (ISQ Global Infrastructure Fund III) have agreed to acquire Priority Power Management, a Texas-based energy management and infrastructure solutions provider, from Ara Partners, Oaktree Capital and other shareholders. Priority Power's CEO Brandon Schwertner will remain in place and the investment is intended to accelerate the company’s growth and expansion of its private transmission, distribution and energy services across the U.S.

EQT Infrastructure VI Agrees to Acquire Seven Seas Water Group from Morgan Stanley Infrastructure Partners

May 22, 2025

Utilities

EQT Infrastructure VI has agreed to acquire Seven Seas Water Group, a developer, owner and operator of water and wastewater treatment plants across the U.S., Caribbean and Latin America, from Morgan Stanley Infrastructure Partners. The deal will support Seven Seas’ growth and operational optimization under EQT’s ownership, leveraging EQT’s infrastructure expertise and digital capabilities to expand the Company’s Water-as-a-Service platform.

Tailwater Capital Acquires NorTex Midstream Partners

February 17, 2021

Oil & Gas

Dallas-based private-equity firm Tailwater Capital agreed to acquire NorTex Midstream Partners LLC, a Houston-based natural-gas storage and midstream operator. The acquisition gives Tailwater ownership of NorTex’s underground storage capacity (about 36 billion cubic feet), a trading hub and roughly 83 miles of pipeline near the Dallas–Fort Worth area to support gas-fired power generation as a complement to renewable energy.

I Squared Capital Acquires Star Leasing Company

March 24, 2021

Logistics & Distribution

I Squared Capital, through its ISQ Global Infrastructure Fund II, has acquired Star Leasing Company, a Columbus, Ohio-based trailer lessor with a fleet of approximately 19,000 trailers and about 300 employees. The acquisition creates a U.S. semi-trailer platform for I Squared, enabling geographic expansion, enhanced service offerings (rentals, leasing, maintenance, sales, and breakdown services), and opportunities for bolt-on acquisitions.

Energy Transfer Acquires WTG Midstream for $3.25 Billion

May 28, 2024

Oil & Gas

Energy Transfer LP agreed to acquire WTG Midstream Holdings LLC in a transaction valued at approximately $3.25 billion, comprising $2.45 billion in cash and ~50.8 million newly issued Energy Transfer common units. The deal, from affiliates of Stonepeak, the Davis Estate and Diamondback Energy, adds WTG's Permian-focused midstream assets — including a 6,000-mile pipeline network, eight processing plants (≈1.3 Bcf/d) and a 20% interest in the BANGL NGL pipeline — to Energy Transfer's footprint to enhance its gas/NGL supply, processing and downstream capabilities.

I Squared Capital Acquires GTT's Infrastructure Division for $2.15 Billion

October 16, 2020

Telecommunications

I Squared Capital agreed to acquire GTT Communications' infrastructure division for $2.15 billion. The sale transfers a global fiber network, transatlantic subsea cables and data center/colocation assets to I Squared (later relaunched as EXA Infrastructure), allowing GTT to refocus on its capex‑light cloud networking business.